TITLE

SBA Gets Results from Overhaul of Loan Program

AUTHOR(S)
Kline, Alan
PUB. DATE
March 2013
SOURCE
American Banker;3/27/2013, Vol. 178 Issue 47, p11
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the U.S. Small Business Administration's (SBA's) Small Loan Advantage program, created in February 2011 and revised as of March 27, 2013. The article notes the SBA's strategy for making capital available to small borrowers and for encouraging small banks to use government-backed business loan programs. It also notes the small Loan Advantage program's application process was simplified and the maximum loan amount increased to $350,000.
ACCESSION #
86435654

 

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